Hillenbrand, Inc. (HI) Plans Quarterly Dividend of $0.20
Hillenbrand (NYSE:HI) declared a quarterly dividend on Thursday, September 4th, American Banking News.com reports. Stockholders of record on Tuesday, September 16th will be given a dividend of 0.1975 per share on Tuesday, September 30th. This represents a $0.79 dividend on an annualized basis and a yield of 2.40%.
Shares of Hillenbrand (NYSE:HI) traded down 1.02% on Thursday, hitting $32.87. The stock had a trading volume of 143,897 shares. Hillenbrand has a 52 week low of $24.94 and a 52 week high of $33.81. The stock has a 50-day moving average of $31.71 and a 200-day moving average of $31.21. The company has a market cap of $2.066 billion and a price-to-earnings ratio of 19.30.
Hillenbrand (NYSE:HI) last announced its earnings results on Wednesday, August 6th. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.01. The company had revenue of $416.80 million for the quarter, compared to the consensus estimate of $261.66 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, analysts predict that Hillenbrand will post $2.07 earnings per share for the current fiscal year.
Hillenbrand, Inc (NYSE:HI) is a global diversified industrial company that makes and sells business-to-business products and services for a wide variety of industries.
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